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India plans unified mobile payment system

11 Feb 15 @ 13:15

India has begun implementing plans for a centralized electronic and mobile payment system and set of APIs designed to encourage the country to transition over to electronic transactions via smartphone... read more

E-commerce experiences growth in Brazil through cross border sales

11 Feb 15 @ 13:08

Brazilian e-commerce generated revenues of R$35.8bn ($13.3bn) in 2014 with an annual growth rate of 24%, according to e-bits’ recently launched e-commerce study. Brazil has a total of 61.6 million... read more

Core banking infrastructure replacement critical say banks

11 Feb 15 @ 12:57

A clear majority of banks believe that they will have to overhaul their core banking infrastructure over the next three to five years if they are to face off the... read more

SWIFT selected by Payments Council to host national data platform for SEPA IBAN

10 Feb 15 @ 10:54

SWIFT says it has been selected by the UK’s Payments Council as the vendor for the country’s Single Euro Payments Area (SEPA) International Bank Account Number (IBAN) Only central infrastructure platform.... read more

40% of large retailers intend to accept Apple Pay by end 2015

10 Feb 15 @ 10:41

According to a survey from Boston Retail Partners, by the end of 2015, nearly 40% of large US retailers will accept Apple Pay. According to the report, Apple, CurrentC and Bitcoin... read more

Is 2015 the year for biometrics in payments?

10 Feb 15 @ 10:32

From wearable technology to smart phones, biometrics seemed to dominate at CES this year. Biometrics are unique human identifiers, such as fingerprints or retina scans, used as forms of authentication.... read more

UK contactless usage surges

10 Feb 15 @ 10:20

As the limit on contacless payments in the UK rises to £30 per transaction, so too has spending on contactless cards, according to data published by The UK Cards Association,... read more

Misys up for sale

10 Feb 15 @ 09:16

Little know, Singapore state-owned investment fund, Temasek Holdings, is reportedly showing interest in core banking supplier Misys, which has been put up for sale by current owner Vista Equity Partners, according to Sky... read more

First Data and Capgemini form global alliance

10 Feb 15 @ 09:11

First Data and Capgemini have formed a global alliance to develop next generation payment technology software using First Data’s VisionPLUS and AccessPLUS solutions. The collaboration will leverage Capgemini’s global vertical industry and payments... read more

Digital shift to cull slow moving banks

05 Feb 15 @ 15:28

It will be increasingly difficult for banks to simply invest in doing the banking business digitally.Up to half of the world’s banks will disappear due to the digital disruption of the industry,... read more

UK adults believe that smartphone payments will outpace credit and debit cards by 2020

05 Feb 15 @ 15:16

A new study published by Experian reveals that a third of the UK population (33%) believes credit and debit cards will no longer be the preferred method of payment in 2020,... read more

Contactless payment and US Chip and PIN adoption drives smart card growth

05 Feb 15 @ 11:49

The United States’ migration to EMV-standard Chip and PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment... read more

2015 onwards – The future of payments

04 Feb 15 @ 17:30

What will the world of payments look like in 20 years’ time? PCM dusts off its crystal ball to get a glimpse into the future. We are on the threshold... read more

Survey reveals the growth of the multi-channel consumer

04 Feb 15 @ 16:59

A recent survey has revealed that consumer trust in newer payment methods has declined significantly in the last year. However, despite this lack of trust, the results also demonstrate that... read more

Every $100 of fraud from mCommerce costs merchants $334 in 2014

04 Feb 15 @ 12:43

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce)... read more

Disagreement over US EMV implementation readiness

04 Feb 15 @ 12:09

EMV implementation is under way in the US, but only about half of the 12 million merchant payment terminals will be converted to accept more secure EMV smart credit and... read more

Nigerian electronic payments hit N35 trillion

04 Feb 15 @ 11:39

The value of electronic payments rose by 150% in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of... read more

Santander: Banking on digital innovation but reviving the branch

03 Feb 15 @ 16:39

In her first interview since taking charge at Santander and as part of the FT’s “Democratising finance” series, Ms Botín, the new head of the Eurozones biggest bank – Santander,... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more